EU fiscal support split: only 5 states have surplus, Greece seeks escape clause extension

Brussels faces a difficult equation on horizontal support measures as only five member states, including Greece, run surpluses while 22 face deficits and high debt. Greece holds reserves but, like most countries, needs a new extension of the energy escape clause, which would provide up to €1.5 billion in fiscal margin for emergency measures into early 2027. The proposal's fate is uncertain amid divergent fiscal positions, and its outcome will shape EU fiscal policy coordination.